Friday, 28 November 2014
Last updated 4 hours ago
Jul 27 2011 | 9:23am ET
Avenue Capital Group has trimmed some fat from its headcount.
The New York-based distressed debt specialist has cut less than 10 jobs from its administrative and accounting staff. According to HFMWeek, the layoffs came after performance reviews and impacted those who did not meet expectations.
The $13 billion hedge fund employs more than 300 people globally.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...